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Weighted Moving Average WMA
The WMA is the Weighted Moving Average.
The WMA is calculated by like an SMA except that more weighting is given to the more recent prices. The theory is that the older the price the less relevance (and hence weighting) it should have on the MA.
The WMA is calculated by like an SMA except that more weighting is given to the more recent prices. The theory is that the older the price the less relevance (and hence weighting) it should have on the MA.
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